Streetbeat News

GRYP

Gryphon Digital Mining, Inc.

https://gryphondigitalmining.com

Industry

Financial - Capital Markets

Gryphon Digital Mining, Inc. engages in carbon-neutral bitcoin mining. Gryphon Digital Mining, Inc. was formerly known as Ivy Crypto, Inc. The company was incorporated in 2020 and is based in Las Vegas, Nevada.

Open

0.20

Mkt cap

14M

Volume

779K

High

0.22

P/E Ratio

-0.67

52-wk high

1.89

Low

0.20

Div yield

N/A

52-wk low

0.18

Several information technology stocks experienced significant price movements in Wednesday's after-market session following the release of Q3 earnings reports. CPS Technologies, Confluent, Alkami Technology, and Twilio saw notable gains, while Ostin Technology Group, MicroStrategy, Everspin Technologies, FormFactor, Aurora Innovation, and Monolithic Power Systems experienced declines.

Portfolio Pulse from Benzinga Insights

October 30, 2024 | 8:30 pm

Gryphon Digital Mining (NASDAQ:GRYP) has restructured its $18 million debt with Anchorage Digital, converting $13 million into equity and warrants, and retaining $5 million as debt. Anchorage gains a board seat, and Gryphon aims to leverage this for strategic growth.

Portfolio Pulse from Anusuya Lahiri

October 28, 2024 | 12:05 pm

Gryphon Digital Mining has converted its debt into equity to strengthen its balance sheet and increase shareholder equity. This move is aimed at improving the company's financial stability.

Portfolio Pulse from Benzinga Newsdesk

October 28, 2024 | 12:05 pm

On Tuesday, several information technology stocks experienced significant intraday movements. Phunware (PHUN) saw a notable increase of 50.2%, while DatChat (DATS), Sobr Safe (SOBR), Arqit Quantum (ARQQ), SatixFy Communications (SATX), and Trident Digital Tech (TDTH) also posted gains. Conversely, Zapata Computing Holdings (ZPTA), SmartKem (SMTK), Firefly Neuroscience (AIFF), Mercurity Fintech Holding (MFH), Lightwave Logic (LWLG), and Gryphon Digital Mining (GRYP) experienced declines.

Portfolio Pulse from Benzinga Insights

October 22, 2024 | 4:30 pm

Software companies' shares are trading higher, potentially due to market strength driven by NVIDIA and UnitedHealth Group.

Portfolio Pulse from Benzinga Newsdesk

October 16, 2024 | 5:28 pm

Gryphon Digital Mining reported a 2% decrease in Bitcoin production for September due to increased mining difficulty, generating estimated revenues of $1.16M based on an average Bitcoin price of $60,286.

Portfolio Pulse from Benzinga Newsdesk

October 14, 2024 | 8:16 pm

Gryphon Digital Mining (NASDAQ:GRYP) released its September 2024 operational update, highlighting a 4% increase in hashrate, production of approximately 19.31 bitcoin, and a high mining fleet uptime of 98.7%. The company continues to focus on sustainable operations powered by zero-carbon hydro power.

Portfolio Pulse from Benzinga Newsdesk

October 14, 2024 | 8:07 pm

In Tuesday's after-market session, several information technology stocks experienced notable movements. Boxlight, iLearningEngines, Gryphon Digital Mining, Aviat Networks, Pixelworks, and Astera Labs saw gains, while Cemtrex, Keysight Technologies, BTC Digital, Quantum Computing, Rambus, and Smith Micro Software experienced declines.

Portfolio Pulse from Benzinga Insights

October 08, 2024 | 8:30 pm

Gryphon Digital Mining (NASDAQ:GRYP) announced that Sim Salzman will continue as CFO, following recent management changes. The company is focused on a four-pillar strategy to maximize shareholder value, including growth, energy cost advantages, capital structure, and management team development.

Portfolio Pulse from Benzinga Newsdesk

September 27, 2024 | 1:02 pm

Establishment Labs Holdings Inc. (NASDAQ:ESTA) shares surged 28.3% in pre-market trading after receiving FDA approval for Motiva Implants. Other notable pre-market movers include Fangdd Network Group Ltd. (NASDAQ:DUO), Onconetix, Inc. (NASDAQ:ONCO), and Bristol-Myers Squibb Company (NYSE:BMY), which saw significant gains due to various positive developments.

Portfolio Pulse from Avi Kapoor

September 27, 2024 | 10:46 am

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